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Search Results 0 to 41 of about 42 (some duplicates have been removed)
stage tuesday night as president obama delivers his fourth state of the union address. foreshadowing his second-term agenda, the president wig trying to take the high ground from republicans in the fight over budget cuts. >> they alleged rather ask more from the vast majority of americans and put our recovery at risk than close even a single tax loophole that benefits the wealthy. >> reporter: the president and democrats are demanding what they see as a fair balance. >> so what we do need is more revenue and more cuts. what i would like to see is in the big, balanced, bold proposal. >> reporter: if there's no deal by march 1, deep, automatic spending cut kick in. >> these indistricriminate reductions do not make sense. tell hurt people. it's up to the president to act now. >> reporter: not everyone believes those across-the-board cuts, known as the sequester, could hurt the economy. >> the president's now cater walling about the sequester, so are many republicans. tea party people are saying the sequester's a pittance. >> our journey moves forward. >> reporter: on tuesday night, presiden
on nbr. president obama is preparing to deliver his first state of the union address of his new term, tomorrow. the american people will be listening carefully to his plans to grow the economy, especially as they struggle with less take home pay, and worries about their jobs. while there are signs of improvement in the economy, the unemployment rate rose in january to 7.9%. so what is the current state of the economy? erika miller talked to two experts with different views. >> reporter: it may seem strange to many investors that the stock market can be hovering at five- year highs, when the economy is so weak. but what's fueling the rally is not the current situation, it's hope. >> we've taken out some of the downside tail risks. so, we're feeling like although it's not going to be a boom-y year, at least it will be a year where we can reasonably expect that the economy will continue to, you know, make progress. >> reporter: he expects there will be a continued slow, but steady, fall in the unemployment rate. in addition, the housing market recovery is spreading. >> we've seen a pick
'll have a preview of president obama's state of the union address. let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ >>> while our economy may be weakened, and our confidence shaken, we are living through difficult and uncertain times, tonight i want every american to know this -- we will rebuild. we will recover, and the united states of america will emerge stronger than before. >> remember that? that was president obama's promise to americans during his first state of the union address after he took office in 2009. now it's almost time for this year's state of the union speech. so what is he expected to say? our athena jones has the details. >> reporter: the state of the union address. >> members of congress, distinguished guests, and fellow americans. >> reporter: the commander in chief's best chance to lay out his priorities and influence millions of television viewers. >> it's a moment where he gets an uninterrupted, unchallenged opportunity to talk to the country and to defin
was confused about, you had president obama inviting labor unions to talk about this. labor unions are trying to play both sides. seems like they're not representing their members best interests because bringing more cheap labor into the country and making them legal, seems like people it is most threatening to are current union members. at the same time they clearly want these folks to come in and be legal because it would beef up the union rolls which are shrinking right now? >> right. it didn't happen in '86 when we have our last amnesty. didn't increase unionization. the hope this time it will. if you want to represent the interest of american workers obviously encouraging 7 or 8 million illegal immigrants here to go home would be best. unemployment is 15, 20% among the young and less educated who compete will legals. but union leadership is hoping for new members but it also sees itself as part of a coalition politics with progressives. so in a way they're putting sort of coalition politics first hoping for progressive social policy but, their own workers kind of are not their top priori
back to the economy again? where the heck was before? president obama's state of the union gameplan reveals a you are return to the biggest issue the campaign but have the american people heard it one too many times before? lori: new evidence that companies hoarding cash are ready to spend it on new technology and equipment. which companies will benefit and can investors get in on the action? baron's senior editor jack hough is here with his picks. melissa: first the top of the hour. we have to go down to lauren simonetti on the floor of the new york stock exchange as we do effort e every 15 minutes. hey, lauren. >> hey, tracy and ashley. we're searching for a catalyst, failing to find one. the nasdaq is down seven points but retreating from friday's close, the highest close in 12 years. of course the s&p 500 is up 6% this year. that is pulling back a little bit. the dow, failing to hit that 14,000 level. in terms of stocks moving to the upside, nasdaq, big move, hitting an annual high just moments ago. now up more than 3%. our charlie gasparino of course reporting that nasdaq was i
tonight, president obama's state of the union address tomorrow night supposed to be about improving the economy and saving jobs. but i'm hearing tax increases. do they have any faith in this white house? what are they worried about? and can the stock market rally continue if washington starts to meddle again too much? we'll ask top names like bob lutz, obama supporter robert wolfe, and many more. >>> speaking of government meddling, red flags up again about obama care. killing jobs, even government jobs. one of the nation's most prominent surgeons told president obama to his face at last week's national prayer breakfast that he has a much better idea nap surgeon is going to join us this evening. "the kudlow report" begins right now. >>> first up, call it the marijuana shocker. the pope is stepping down. pope benedict xvi announced his decision this morning saying he no longer has the strength to carry on with his mission as the leader of the 1.2 billion catholics around the world. here now is news vatican analyst george wiegel. and spokeswoman kathy ruse, now with the family researc
: president obama set to deliver his state the union address tomorrow and pivoting back to focus on the economy once again. cheryl: this isn't the first time the president is circling back around. rich edson has details. rich: the latest focus after the president's second inaugural in which didn't mention the economy explicitly all that much so we are hearing the president will focus on the economy in his state of the union tomorrow. the president every few months we get indication there is a pivot in the economy and this time we're basically seeing another focus, on the economy. >> what they can expect from this administration, i know what they can expect from you give and we will have a sustained and relentless focus over the next several months i celebrate in the pace of job creation because that is priority number one. >> i think we are past the crisis point in the economy, but we now have to pivot and focus on jobs and growth. >> at a time our economy is still recovering, our top priority has to be jobs and growth, that is the focus, the plan i talked about during the campai
republican voters, is going to be delivering the response to president obama's state of the union address next tuesday. now this, of course, is very sensible for republicans not only because he's a charismatic speaker but also because he's taking a lead role on immigration reform which is one of the high-profile elements of the agenda early in this congress, one the democrats and republicans are working together, so that would give the republicans an opportunity to showcase their own support for immigration reform and counter some of the message of the president. we've seen over and over again young stars in both parties getting chosen to respond to the president. this is marco rubio's turn. >> thanks very much. john harwood in washington. >>> the interest-rigging scandal back in the news today. kayla tausche is looking at how this story has gotten so big and how this web is growing in terms of cost as well. kayla? >> reporter: libor has been called the world's most important number since it provides the base rate off of which some $500 trillion of securities are priced each year. no surp
. earnings reports are out from coca-cola, whole foods, pepsico and rio tinto. on tuesday president obama addresses a joint session of congress for the state of the union address. on wednesday we get january's total retail sales report. on wednesday, facebook's mark zukerburg hosts a fundraiser for chris christie in palo alto. friday, the index of industrial production reports on the manufacturing sector. finally, it is the stuff treasure hunter dreams are made of. a rare 148-year-old baseball card found in a yard sale in maine has been auctioned off for $92,000. the card shows the brooklyn atlantic baseball club and was found inside an old photo album by an antique hunter. he also bought old coke bottles and chairs for $100. the name of the buyer has not been released. good profit for the time invested. that's the show for today.
to michelle obama at the president's state of the union address tomorrow night in washington, d.c. that should be very interesting. i wonder what that's going to be about. the stock up 1% today. the dow lower. we're coming off the low right now. i pointed out earlier that the s&p has been down every monday this year. that's five trading days. here's what the s&p has done year to date. we don't get the knnuances of t trading here. but so far up 6 1/3%. peter costa -- >> yes. >> you've told us as a skeptic you threw in the towel recently and were willing to buy this market. >> it was right after i spoke to ralph. >> he considered you to turn bullish. >> he did. >> but you have to admit this market is getting tired here, don't you think? >> if you look at the market where we're down 19 today, i think we'll churn a bit. i think this churning might go on for probably another couple of months. but i don't think the market's -- it's not done yet. i just think that right now we're going to be in a pausing phase. and i do think at some point in the next two to three months -- >> you don't see a correct
. stuart: president obama will meet with union leaders and big ceos on immigration, that happens today. peter barnes is at the white house. peter, it sounds to me that immigration reform is going to be very popular with the high-tech companies, because it will expand the number of visas available to high-tech workers coming in. got that right? peter: that's right. the h-1-b program for high-tech, highly skilled workers, the president wanted to expand that, so do republicans, and the other piece of this, stuart, is the president's proposal to staple green cards to any of these really start kids who come to our colleges and universities, to get a phd or masters degree in science, technology, energy and math. the high-tech companies support that as well. stuart: got it, peter. we will get that checked out later. thank you very much. the department of justice suing standard and poors, is this payback for the debt downgrade? the judge has a theory on that. that's next. stuart: it's a done deal, dell entered into an agreement to be a -- acquired by its founder michael dell and silver lake. s
by by walt disney movies. >>> when president obama delivers his first state of the union address of his second term. that is the latest from the fox business network, giving you the power to prosper. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that ds both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble inating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd spiriva helps
area in arkansas to we'll with the walmart dealers and suppliers. we'll see. >>> president obama is giving his first state of the union address tuesday night. oh, this is annual, isn't it? he's expected to push his economic agenda. the president will outline spending initiatives for education, manufacturing and infrastructure. he'll head out on a three-day road trip to sell hesitate plan to the public of north carolina, georgia, and illinois. you can speshth him to come out with the democrats' plan to stave off the crisis. also a different name that's potentially going to hit. >>> and a senate panel is expected to drill jack lew about a bonus he received right before the bank got a taxpayer bailout. despite all the criticism, lew is still expected to be confirmed. >>> and the spanish pound, why one person at least believes it's time to sell sterling. >> and the u.s. dollar is set to win the war to be the weakest currency. as cnbc.com, read why it's expected to be weak for at least seven years. >> whab not the dollar against the pound. >> and take a minute to look through the slid
on the why. cheryl: president obama selling immigration plan to the union leaders and ceos right now at the white house. dennis: plus, why the new wave band talking heads is featured prominently in the justice department's $5 billion mortgage lawsuit against s&p. ♪ [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing you
in his annual state of the union address. we have more on president obama's campaign styles issue push and the tools of his command from amy walter, national editor for the cook political report and christie parsons, white house correspondent for the "chicago tribune," "los angeles times" and six other papers. the president has been faulted for not going to war for w the issues with congress to push his priorities in the past. is this different? >> this is different. you remember in the first term he tried to do this in a more traditional way. he sat down with members of congress had rahm emanuel go over to work out the details. is and it took a while to pass health care reform and it was a really important moment for president and i think what he learned from that, what we saw over the first term was that going out and talking to people around the country, broadcasting his own message, explaining it in his own words he felt was more effective and i think the white house felt that put them ahead of the message war when they let the president talk and explain things and do it without th
we preview president obama's state of the union. i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service®, works for thousands of home businesses. because at usps.com®, you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small.
there's hypocrisy. the aclu has been consistent. hypocrisy is on the political side. >> barack obama. >> democratic politician have kept quiet but that may change. they're starting to ask questions and they should. everybody the union killed in the confederacy in the civil aware was an american citizen. this kind of stuff can happen in war but i think we need a lot more information about how they decide what the safeguards are, et cetera, et cetera. >> we have to leave that here because we're out of time. next, rebranding the republican party. will it work and can they make inroads in 2014. we'll be right back. it's not what you think. it's a phoenix with 4 wheels. it's a hawk with night vision goggles. it's marching to the beat of a different drum. and where beauty meets brains. it's big ideas with smaller footprints. and knowing there's always more in the world to see. it's the all-new lincoln mkz. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choos
capal managent. >> tom: president obama is once again pushing for a big deal to reduce the deficit. in a preview of the themes he'll lay out in next week's state of the union address, the president told house democrats today he'd press for a big agenda covering everything from fairness, and jobs to deficits and debt. darren gersh has more. >> reporter: with just a few weeks to go before automatic across the board spending cuts kick in, the president told fellow democrats his state of the union address next week will call for a change in course. >> i am prepared, eager and anxious to do a big deal, a big package, that ends this governance by crisis where every two weeks, or every two months, or every six months, we are threatening this hard-won recovery. >> reporter: republicans may not applaud during that part of the speech. they've blasted the president for offering symbolic solutions like a tax on corporate airplanes that would raise enough money to cover one month week of the automatic spending cuts know collectively as the sequester. given the stand off, analysts now predict th
to make marijuana legal and tax it. president obama proposes a short-term fix to delay automatic spending cuts one day after he blows another budget deadline. and the shocking proof union leaders just want more power, not power to the people. "the willis report" is on the case. all that and more coming up later, but first, the top story tonight, building in washington can change, totally remake current marijuana laws. including legalizing industrial production as well as establishing a federal pot tax. lawmakers on both sides of the aisle worked away on these bills, one of which introduced just today by two democratic congressman. both of them calling for an end to federal pot prohibition. will it work? joining us now, drug policy visor and founder and executive director of the drug policy alliance. starting with you. melissa: it is a lot like the appeal of alcohol probation. if it doesn't work, it is not effective and they say it is costing tens of billions of dollars every year, diverting precious law-enforcement resources, funding organized crime, so a lot better to have a smart, cynic
and the european union. effectively these guys are now kicking the ball back into obama's court. watch for comment on that in the state of the union address next week. >> just a few days ahead. get home before the snow starts building up. >> i'm running. >> thanks so much. >>> prominent business leaders met with senior administration officials yesterday on cutting the debt with budget cuts and new tax nues santelli has more on that. >> welcome, governor. it's great to have you. i know you didn't attend the most recent roundtable meeting at the white house. but maybe you can give me your sense of the current administration and how the business roundtable is trying to navigate. i have three topics. the first one is regulation. i just finished the isaacson book about jobs. first of all, he was wrong. he thought the president would be a one-term president. but when he talked about things like regulatory issues, he said, why should it be easier for the chinese to build a factory here in the u.s.? your thoughts, sir? >> well, the reason i wasn't at the white house, i was over across the street talking a
to 12 million people illegally in the u.s. many accept pay below the legal minimum. afl-cio unions are onboard to end that. >> and prevent what's wrong from driving down the wages of everybody else. >> reporter: and analysts say under president obama, the u.s./mexican boarder is more secure. the net number of migrants, not increasing. activists demand reform now. >> not contingent at all on enforcement, whether it is border security or any other types of enforcement. >> reporter: at the first house hearing on the obama initiative -- >> the question is what to do about the 10 million or more people not lawfully here. >> reporter: -- republicans remain wary. >> what we cannot become is nation with laws enforced selectively or not at all. >> reporter: house speaker boehner is no rush but sounds open to action. >> this is not trying to get it right. on behalf of the american people, and those who are suffering under an immigration system that doesn't work very well for anybody. >> reporter: the issue hurt republicans in november. latinos turning out to vote democratic. backers of citiz
. in a statement, the aclu welcome the review saying -- president obama took his public campaign for gun control on the road monday with a speech in minnesota. with his state of the union address one week away, he emphasized his plan to ban assault weapons and increase background checks on gun buyers. >> we don't have to agree on everything to agree it is time to do something. [applause] there won't be perfect solutions, we will not save every life, but we can make a difference. that is our responsibility as americans. that is what i will do every single day as long as i have the honor of serving as your president. >> a number of republican senators have announced they won't try to filibuster the confirmation of chuck hagel as secretary of defense. the pledge by arizona senator john mccain and others likely means hagel has enough votes should another republican decide to filibuster his bid. activists in syria are claiming over 270 people have been killed in nationwide violence since sunday. the syrian observatory for human rights says at least 90 people died across syria on monday after some 180
rise or fall together. >> reporter: to obama's november acceptance speech in chicago. favreau was seen working on it in this official white house photo as he was awaiting mitt romney's concession call. he collaborated in all of the state of the union addresses including the one he is set to give next week. favreau met obama in 2004 while he was a 23-year-old staffer on john kerry's presidential campaign. >> out of this long political darkness a brighter day will come. thank you so much, everybody. god bless you. >> so they sent the poor kid in there to tell the keynote speaker that his favorite phrase would have to be removed from the speech and that was their introduction to each other. little did we know that that kid who ran that awful errand would end up being such an integral part of obama's future. >> reporter: obama hired favreau in 2005. when elected he made the then 27-year-old his chief speech writer. hotly pursued by the media, gq magazine then called favreau a facebooking frat boy. he was touching this cardboard cutout of hillary clinton. he apologized and got back to work.
, a week from now, president obama is going to do his state of the union address, okay? typically the market doesn't respond well when the president talks. then we're going to start to get into some of the nitty-gritty, some of the spending issues. that would be a perfect opportunity for the market to give half of that back. so we've had a 6% rally. why not, you know, reclaim three of that percent over the course of the next few weeks. >> do you feel like we're acting a bit bullish with regard to the markets? i get the feeling it's more buying from kaufton as opposed to selling at this point, right? >> i think that's right. first of all, you've approached a couple of psychological hurdles on the dow and the s&p. we've seen what earnings season is going to give us. we're approaching the sequester cuts on march 1st and there is an increasing belief that they're going to be triggered. and so when you add on to that the fact that payroll taxes went up and the economy is going to be pretty sluggish here in the first half of the year. so i agree with phil that we're probably going to gi
to overhaul immigration regulations with the hope that organizing immigrant workers can increase unions shrinking ranks. the afl-cio president richard trumka and other labor leaders are set to meet with president obama and other members of the administration. the subject of immigration also the focus of a hearing on capitol hill this morning. at 10:15 a.m. eastern time, the house judiciary committee meets for testimony on the issue. you can hear it live on c-span radio or watch it live on c- span3. >> the single thing that calvin coolidge did is when he left office, the budget was lower than when he came in. that is the story for us now. >> how did he do that? >> the economy grew a lot, maybe 3% sometime. unemployment was below 5%. the budget was balanced due to his own parsimony. how did he help the budget to keep going lower and how did that the budget a lot? he got the government out of the way of the economy. >> amity shlaes traces the presidency of calvin coolidge. host: abdul mujeeb khalvatgar is the executive director of the nai media institute in afghanistan. let's begin with yo
coming in every single day. dennis: it would be better among travelers and travel agents, but okay. union membership down across u.s., it may be growing in all places in china. surprising details ahead. cheryl: china-based hackers are increasingly going after major american companies. with the obama administration is proposing to deal with this increase. dennis: record amount of viewers are turning in for the blackout bowl. coming up. cheryl: and take a look at oil, we are down substantially today. part of this is an inventory forecast. we will be right back. cheryl: 15 past the hour, stocks or 15 minutes. we have jeff flock standing by at the cme watching gas prices rising and a lot more. sandra standing by at the data wizard looking at earnings and charles payne showing us how to make money on pharma. first up, nicole on the floor of the new york stock exchange where the rally has taken a break down 127. nicole: it really has taken a break. we have been over the unchanged line so many times in january, making higher highs and higher lows, setting new highs like 14,000, which we all reme
Search Results 0 to 41 of about 42 (some duplicates have been removed)